Minister of Finance and Economic Planning Ken Ofori-Atta says the implementation of the much-anticipated ‘1-district, 1-factory’ policy is estimated to generate over 350, 000 direct and indirect jobs across the country.

The policy, trumpeted during the 2016 electioneering campaign by the New Patriotic Party (NPP), will begin this year, Mr Ofori-Atta announced to members of Parliament on Thursday, March 2. He was delivering the 2017 budget statement and economic policy of government.

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According to him, the policy is “a comprehensive programme for rural industrialization driven by the private sector”. It will be implemented as part of the National Industrial Revitalisation Programme, he said.